MNP Debt Blog

Assessing whether your client is experiencing financial distress does not require access to detailed financial information, but rather facts which are readily available if you keep a keen eye and watch for them.

Debt becoming unmanageable and you’re looking for a way to avoid bankruptcy? Let’s discuss the pros of a Consumer Proposal.

As Albertans continue to grapple with the stark realities of a significant crisis throughout the energy sector, thousands of households have found themselves unable to keep up with day-to-day expenses, let alone their financial obligations.

Federal and provincial student loans have enjoyed a special status over the years. The answer to the question of what debt solutions are available to you in the case of student loan debt, is not a simple one depending on the length of time you have been...

A Consumer Proposal is an alternative to declaring personal bankruptcy. It’s an arrangement that’s negotiated with your creditors through a Licensed Bankruptcy Trustee.

Often, when people think of insolvency, they relate it directly to bankruptcy. This can be very deflating to those who find themselves struggling with debt, but want to avoid having to file for bankruptcy.

As unemployment continues to increase across the prairies due to a sharp decline in the price of oil, many have found themselves relying on credit to pay for day-to-day expenses as severance pay begins to dwindle and unemployment insurance runs its course....

Statistics Canada recently released a report stating that Canadians are holding a record level of household debt with the average Canadian household owing 164.6% of its annual income.

As the national economy continues to waiver and unemployment grips several provinces, the realities of mounting debt are all too real for thousands of Canadian households.

Unmanageable debt is exhausting. Living in financial uncertainty while trying to maneuver multiple payment schedules at varying interest rates, paired with the harassing phone calls from creditors can be completely overwhelming.